Search This Blog

Friday, July 3, 2015

Hunsicker Corporation has provided the following data for the month of January

Hunsicker Corporation has provided the following data for the month of January:

Inventories Beginning Ending
Raw materials $30,000 $33,000
Work In process $20,000 $18,000
Finished goods $52,000 $60,000

Additional Information
Raw material purchases $63,000
Direct labor costs $92,000
Manufacturing overhead cost incurred $75,000
Indirect materials included in manufacturing overhead costs incurred $6,000
Manufacturing overhead cost applied to work in process $69,000

Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold in good form.

Click here for the solution: Hunsicker Corporation has provided the following data for the month of January